All articles by Isobel Rafferty – Page 22
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News
Cover Genius secures £61m in latest funding round
The funding will help the insurtech boost its business growth and expand its XCover distribution platform, it says
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Ardonagh Advisory acquires Stallard Kane Group
The buy will help the group’s subsidiary better meet changing consumer needs with ‘high-quality risk advice’
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UK Space Agency’s chief digital information officer joins CII in new role
The appointee aims to further enhance the organisation’s senior focus on technology
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Firms see uptick in fraudulent instruction cyber losses – Beazley
Organisations that fail in good asset management will ‘inherently expose themselves’ to higher liability cyber breaches, says head of client experience
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Brit chief executive makes ‘hardest’ career decision and steps down
He will be succeeded by Martin Thompson, who took the reigns as interim chief executive last year
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Miller snaps up Beazley’s head of technology as new chief information officer
The appointee has set eyes on delivering an ‘ambitious’ data and technology strategy at the firm
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Hope on the horizon for cyber insurance pricing as losses improve – Marsh
The industry must be prepared to deal with new emerging threats if this trajectory is to continue, however
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Gallagher reports rise in Q3 2022 net earnings
The firm’s total revenue saw a slight drop, despite increases for its risk management and brokerage segments
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CII apologises over cyber breach
Around 20% of institute’s customers’ personal data was accessed, although this did not include financial information
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Man found guilty of crash for cash fraud after fleeing the country
His sentencing follows his three accomplices being found guilty at trial last year
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IT Interview
QuestGates boosts net zero drive with Carbon Calculator launch
Cutting carbon has fallen down the agenda for some due to claims inflation, says technical and complex loss director for environmental
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News
Cyber attacks rise among SMEs while cover levels remain low – Aviva
‘Lower value but equally disruptive attacks are becoming increasingly commonplace for SMEs’ compared to those with ‘big security budgets’, says head of cyber
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FCA proposes new rules to intercept greenwashing
The regulator’s consultation on the proposed changes will be open until 25 January 2023
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GRP-owned The County Group buys Llandudno-based commercial broker
The acquired firm specialises in providing insurance for the motor trade and construction sectors
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Bravo Networks offers levy-funded apprenticeship for England-based broker members
The group will also be working with ALS Training to expand the initiative to its members in Wales
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Minority Venture Partners pens minority investment in wholesale broker
The partners plan to ‘double the size’ of the broker business as part of the deal, says top boss
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Heritage organisations require guidance on crime and security risks – Ecclesiastical
In the region of 91% of heritage organisations have fallen victim to crime in the last 12 months, added the specialist insurer
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Reliance on credit to buy insurance rises as price pressures squeeze – Premium Credit
Buildings and contents insurance are mainly being dropped by those seeking savings
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Recession hits construction firms hard
To avoid insolvencies, the insurance industry has a responsibility to provide clarity and understanding for clients
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DLG creates two new offices
The group’s managing director for marketing and digital will also be stepping down